Real Estate News

Detached Homes In Toronto Could Cost Three and a Half Million Dollars By 2026

If you think buying a detached home in Toronto is impossible now, we hate to break it to you, but it’s probably getting worse.

According to a recent report from The Richards Group, the average cost of a detached home in Toronto could reach $3.5 million by 2026.

The Richards Group is circulating data that is raising a lot of eyebrows. On Friday, Redditor Tdotrobot posted a picture of a RE/MAX flyer they recieved in the Beaches predicting the state of the market in 2026.